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TELESTA THERAPEUTICS INC T.TST

"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."


TSX:TST - Post by User

Post by Xiawen13on Apr 05, 2016 9:11pm
192 Views
Post# 24734777

Insider selling

Insider sellingThere is no "real" insider from Telesta holding such a largen amount of shares to my
knowledge.

As mentionned in my previous post, Under  canadian security laws: In addition, generally anybody or organization that owns or has claims on 10% or more of a company's equity is also an insider and must file insider trading reports - See more at: https://m.canadianinsider.com/faq#sthash.njYXrPXj.dpuf
Read more at https://www.stockhouse.com/companies/bullboard/bullboard/t.tst/telesta-therapeutics-inc#zbgFgQFtBEIlF0e3.99

So my guess is still the same: the institution that bought 100MIL shares last summer at .34 cent but were prohibited to sell them before december is now selling part of its holding. If their "insider info wasnt good enough to make them sell at .34, then you shouldnt worry that they give it away at .10
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